US bank profits fall in choppy quarter marked by special charges, falling lending margins
WASHINGTON (Reuters) -Major U.S. bank profits fell on Friday in a choppy fourth quarter complicated by special charges and job cuts, w..
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Exclusive-EU investigators to inspect China’s BYD, Geely and SAIC in EV probe – source
SHANGHAI/BRUSSELS (Reuters) -European Commission investigators are to inspect Chinese automakers in the coming weeks as part of a prob..
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US scientists say one-in-three chance 2024 another year of record heat
By Gloria Dickie TORONTO (Reuters) – This year has a one-in-three chance of being even hotter than 2023, which was already th..
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Oil rises 2% as some tankers avoid Red Sea after strikes
By Arathy Somasekhar HOUSTON (Reuters) -Oil climbed more than 2% on Friday, as some oil tankers diverted course from the Red Sea foll..
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JPMorgan’s annual profit surges to record even as Q4 net income dips
(Reuters) -JPMorgan Chase reported its best-ever annual profit and forecast higher-than-expected interest income for 2024, even as i..
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UK could beat US and euro zone to sub-2% inflation – Capital
LONDON (Reuters) – Britain, which has had the strongest inflation among the world’s big rich economies for much of the pas..
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Oil gains after US, UK strike on Houthis; U.S. yields ease after PPI
NEW YORK (Reuters) -Oil prices jumped more than 2% as some oil tankers diverted course from the Red Sea after overnight strikes by the..
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US FAA to boost oversight of Boeing, sees more manufacturing issues
US FAA to boost oversight of Boeing, sees more manufacturing issues By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Aviatio..
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Dollar dips after soft US inflation data, Aussie, New Zealand dollars outperform
By Karen Brettell NEW YORK (Reuters) – The dollar index gave up earlier gains and higher beta currencies, including the New Z..
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St Peter’s centrepiece to get makeover in time for 2025 Holy Year
VATICAN CITY (Reuters) – A giant bronze canopy at the centre of St Peter’s Basilica will get its first major makeover in ..
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Tesco raises profit outlook again after strong Christmas sales
By James Davey LONDON (Reuters) -Tesco, Britain’s biggest retailer, upgraded its profit outlook for the second time in four mon..
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EU lawmakers consider stronger plastic pollution law after spill hits Spain
By Kate Abnett BRUSSELS (Reuters) – Some European Union lawmakers are pushing to strengthen a planned law on microplastics poll..
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UK to make Big Tech give rivals access to data under new plans
LONDON (Reuters) – Britain’s competition regulator plans to make big tech companies give their rivals greater access to d..
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UK sees 39% jump in households failing to pay energy bills
LONDON (Reuters) – The number of British households who failed to pay their energy bills last month was 39% higher than a year a..
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M&S claims Christmas crown as food and clothing sales beat forecasts
By Paul Sandle LONDON (Reuters) -British retailer Marks & Spencer on Thursday reported a better-than-expected 8.1% rise in sales ..
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Festive Bakes and lattes deliver Christmas cheer for UK’s Greggs
LONDON (Reuters) – Britain’s Greggs said strong demand for its Festive Bakes, Christmas lunch baguettes and salted caramel..
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Danone must face Evian water ‘carbon neutral’ lawsuit
(Reuters) – A judge in New York ruled on Wednesday that Danone must face a lawsuit challenging its “carbon neutral” ..
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Japan stocks hit 34-year high, markets calm before US inflation data
LONDON/SINGAPORE (Reuters) -Japanese stocks hit a 34-year high on Wednesday while global equities, the dollar and bonds held steady ah..
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Share of Russian aluminium in LME warehouses rises to 90% after UK curbs
LONDON (Reuters) -The share of available aluminium stocks of Russian origin in London Metal Exchange-approved (LME) warehouses rose to..
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Explainer-A year of political challenges for Germany
By Sarah Marsh BERLIN (Reuters) – German politics has had an unruly start to the year, with farmer protests rattling the govern..
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Madrid museum welcomes ruling it can keep painting looted by Nazis
By Catarina Demony and Elena Rodriguez MADRID (Reuters) – One of Spain’s top museums welcomed a U.S. court decision allow..
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Sainsbury’s bumper Christmas for food offset by weakness elsewhere
LONDON (Reuters) -Strong demand for luxury foods like dry cured gammon, steamed buns and chocolate desserts helped Sainsbury’s o..
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BMW retools Munich headquarters for all-electric production from 2027
BERLIN (Reuters) -BMW is investing 650 million euros ($711 million) to convert its main plant in Munich to exclusively produce EVs fro..
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Euro zone economy bottoming out, but outlook weak, ECB policymakers say
FRANKFURT (Reuters) -The euro zone may have been in recession last quarter and prospects in the near term remain weak, European Centra..
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Dollar gains on yen, Bitcoin slides after SEC hack
NEW YORK (Reuters) – The dollar gained on the yen but edged lower against the euro on Wednesday as investors waited on U.S. in..
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Factbox-How companies are responding to attacks on ships in the Red Sea
(Reuters) -Attacks on vessels by Iranian-backed Houthi militants in Yemen have disrupted international commerce on the shortest shippi..
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Yields rise, stocks dip as rate cut path remains in focus
SYDNEY/LONDON (Reuters) -Government bond yields rose and shares dipped a touch on Tuesday, as markets reduced their bets on central ba..
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Factbox-How companies are responding to attacks on ships in the Red Sea
(Reuters) -Attacks on vessels by Iranian-backed Houthi militants in Yemen have disrupted international commerce on the shortest shippi..
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German industrial output drops unexpectedly in November
(Reuters) -German industrial production unexpectedly fell in November, the federal statistics office said on Tuesday, marking the sixt..
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World Bank forecasts 2024 global growth to slow for third consecutive year
WASHINGTON (Reuters) – The World Bank warned on Tuesday that global growth in 2024 is set to slow for a third year in a row, p..
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Hungary takes aim at ‘shrinkflation’ with mandatory price warnings
BUDAPEST (Reuters) – Hungary’s government will require large food retailers from March to display price warnings on produ..
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Factbox-What airlines, regulators are doing about Boeing 737 MAX 9 jets
LONDON (Reuters) – The latest setback for Boeing’s top-selling 737 MAX aircraft occurred on Friday when a panel blew off a..
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Wall Street futures flat, global stocks stumble, oil slides as inflation, earnings loom large
LONDON (Reuters) – Wall Street futures were flat while global shares remained red on Monday and investors, wary of central bank ..
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Factbox-German cabinet approves savings plans for 2024 budget
BERLIN (Reuters) – The German government approved further savings plans on Monday to ease the burden on the 2024 budget, a gove..
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Poland orders to halt logging in 10 oldest forest areas
WARSAW (Reuters) – The Polish government ordered a state-run company that manages more than 7 million hectares of the country&#..
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No money? Next UK government’s budget is hostage to economy
LONDON (Reuters) – Britain’s next government will have little room to cut taxes or increase spending – at least acco..
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Dollar edges lower, traders focus on data for Fed clues
By Karen Brettell NEW YORK (Reuters) – The dollar dipped against the euro and yen on Monday as investors continued to digest ..
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